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Green Dot Corporation Files Registration Statement for Proposed Initial Public Offering
Monrovia, CA, March 1, 2010 -- Green Dot Corporation, a leading prepaid financial services company, announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) for a proposed initial public offering of shares of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined.
J.P. Morgan and Morgan Stanley will act as joint book-running managers, and Piper Jaffray and UBS Investment Bank will serve as co-managers for the proposed offering.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering will be made only by means of a prospectus. A copy of the final prospectus related to the offering, when available, may be obtained from J.P. Morgan Securities Inc.; J.P. Morgan, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or from Morgan Stanley & Co. Incorporated, via telephone: (866) 718-1649; email: firstname.lastname@example.org; or standard mail at Morgan Stanley & Co. Incorporated, 180 Varick Street, New York, NY 10014, Attn: Prospectus Department.
Don Duffy, 626-739-3942
Liz Brady/Kim Paone, 646-277-1226